Highest-materiality recent filing
Forward Air Q1 op income rises to $20M; net loss $40M; customer transition risk ~$250M rev
Q1 revenue $582M (-5.1% YoY); income from operations $20.4M vs $4.8M YoY; net loss $40.2M ($1.09 loss per share) improved from $61.2M loss.
Forward Air Q4 operating loss of $2.9M; EBITDA improves to $77M, Omni segment strong
Revenue $631M flat YoY; operating loss of $2.9M vs $75.9M profit in Q4 2024.
Forward Air Q3 revenue down 3.7% to $632M; net loss narrows to $23.8M
Revenue $632M vs $656M YoY; operating income $15M vs $23M.
Forward Air Q2 2025 revenue $619M; net loss $(0.41)/share; EBITDA margins improve
Revenue $618.8M, down 3.9% YoY from $643.7M; income from operations $19.5M vs loss $1.1B a year ago.
Jerome Lorrain appointed Executive Chairman of Forward Air; $450k salary plus equity awards
Jerome Lorrain named Executive Chairman; base salary $450,000 annually; no 2025 cash bonus.
George Mayes resigned after receiving more withhold (18.9M) than for (14.7M) votes; Polit and Tucker voluntarily resigned.
the board of directors of FWRD-Tennessee appointed Jerome Lorrain, an independent director, to the position of Executive Chairman, effective June 11, 2025.
On June 11, 2025, Javier Polit and Laurie A. Tucker resigned as members of the board of directors of FWRD-Tennessee, effective June 11, 2025.
the board of directors of FWRD-Tennessee appointed Paul Svindland to serve as the Lead Independent Director of the board of directors of FWRD-Tennessee, effective June 11, 2025.
On June 11, 2025, Javier Polit and Laurie A. Tucker resigned as members of the board of directors of FWRD-Tennessee, effective June 11, 2025.
Max materiality 0.80 · Median 0.65 · Most common event leadership